top of page

Leasing

Benefits of Leasing IT Hardware/Software

  • Cash Flow – By making monthly payments, businesses can pay for the equipment with the improved cash flow generated from their new technology.  Leasing affords a variety of options to match payment terms to business flow of cash, whether cash flow is project-based, seasonal, related to expansion, etc.

  • Obsolescence Protection – Leasing allows you to match payment plans to the equipment’s expected useful life.  Leasing provides flexibility at the end of the term to allow you to either take ownership of the equipment or walk away and acquire new technology.

  • Tax Treatments and Benefits – You may be able to write off 100% of your lease payments from your corporate income because the IRS generally does not consider an operating lease to be a purchase. Please consult your accountant for the exact application for your business.

  • 100% Financing – Leasing typically does not require a large down payment and you can finance up to 100% of the equipment cost.  In many cases service, supplies, installation, warranty and other soft costs can be included in the lease.  This gives you more money to invest in other revenue-generating activities and makes it easier to afford multiple products or just save it for times when you need cash most.

  • Speed – In most cases, we can approve businesses up to $250,000 in equipment lease financing with a one page credit application. Approval can usually be secured in less than 24 hours.

  • Preserve Cash and Bank Lines – Preserve cash and bank lines by using equipment leasing as an alternative form of financing specifically for capital equipment.  Use this financing option to maximize liquidity and access to capital by preserving cash and bank lines for other business needs.

  • Strengthen Company Credit – Most of our Financing lines are tied to the business and will not be reflected as leverage on your personal credit report.  As an alternate result, our financing lines will build-up and strengthen your business credit as we report the positive pay history you establish.

ITSelect offers IT equipment lease and financing for all brands of hardware and software technology. We offer flexible financing structures to help hedge the depreciation curve on IT equipment while also offering strategies for planned obsolescence and cost effective upgrade implementation.

We also provides master IT equipment lease lines which are useful for adding hardware or renewing software licenses. Many of our customers understand that spending their dollars on quickly depreciating assets is not always a smart move and chose to use our leasing programs as tools for obtaining a better balance sheet.

 

Here are some of the benefits and perks that come with our IT leasing and financing program:

  • Software only leasing available

  • Master Lease line with license upgrades and trade in wraps

  • Corp-Only, 24 hour approvals

  • Obsolescence protection

  • Operating Leases

  • Section 179 compliant Capital Lease

  • Vendor Finance programs

 

Here are some of the types of equipment that qualify for the upgradable IT Lease program:

 

  • Computers

  • Printers, Copiers and Scanners

  • Servers

  • Data Storage Servers

  • POS Equipment

  • Telecommunications – routers, switches, networks, and phone systems

  • AV Projectors & Mixing Boards

Spending your IT budget dollars on quickly depreciating assets is not always the best financial move.  Using leasing as a tool can help obtain a better balance sheet.

 

You can write off 100% of your lease payments from your corporate income, because the IRS does not consider an operating lease to be a purchase. This write off can even out pass the tax advantages of bonus depreciation and accelerated depreciation. 

Cloud-Connected Data Protection and Cyber Security Solutions

ITSelect

bottom of page